The latest news from PMC Partnership incorporating Pomfreys Accountants – 26th November 2025
Chancellor Rachel Reeves has set out details of The Budget 2025, which was deilvered on Wednesday 26th November. Here we discuss the main talking points.
Chancellor Rachel Reeves has set out details of The Budget 2025, which was deilvered on Wednesday 26th November. Here we discuss the main talking points.
If are a non tax payer earning below £12,570 you can earn up to £5,000 tax free of interest. If you are a basic rate tax payer earning over £12,570 up to £50,000 you can earn up to £1,000 of interest tax free.
From November 2025 Companies house legally have to check the ID for every Director. This is already introduced for new companies but will be required for all existing companies when the annual confirmation statement is filed with Companies house.
Stamp duty is tax paid on the purchase of a property. If you are a 1st time buyer there is zero tax until £300,000.
Your free 25/26 tax card is here to download and review/
Remember from 6th April the minimum wage for over 21 year old employees raises to £12.21 per hour, aged 18-20 £10.00 with 16-17 year olds and apprentice rates increasing to £7.55 per hour.